Lumax Auto Technologies Ltd

Lumax Auto Technologies Ltd

₹ 502 0.10%
22 Nov - close price
About

Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. Jain Group of companies. It is engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis to two, three, and four-wheeler segments [1]
It has Partnerships with 7 Global players like Yokowo(Japan), JOPP(Germany), and few others.[2]

Key Points

Market Leadership
The Co. is the market leader in Gear Shifters with around 70% market share in FY19. [1] [2]

  • Market Cap 3,421 Cr.
  • Current Price 502
  • High / Low 610 / 362
  • Stock P/E 22.0
  • Book Value 123
  • Dividend Yield 1.10 %
  • ROCE 17.7 %
  • ROE 17.9 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 32.1%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
403 428 417 422 487 445 493 632 700 732 757 756 842
358 383 372 377 435 398 437 552 610 627 666 668 740
Operating Profit 45 45 45 44 52 47 57 80 90 106 92 88 102
OPM % 11% 11% 11% 11% 11% 11% 11% 13% 13% 14% 12% 12% 12%
3 3 2 4 8 7 -4 8 9 10 18 17 15
Interest 2 2 3 3 3 3 7 16 16 18 19 19 19
Depreciation 9 10 11 11 12 12 17 29 30 30 29 30 29
Profit before tax 36 35 33 34 44 39 29 43 53 68 62 56 70
Tax % 28% 28% 24% 24% 24% 28% 19% 30% 29% 30% 17% 26% 26%
26 25 25 26 34 28 24 30 38 48 51 42 52
EPS in Rs 3.43 3.16 3.09 3.20 4.27 3.43 2.74 3.25 4.02 5.35 6.49 4.65 6.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
764 760 835 903 965 1,013 1,187 1,141 1,108 1,508 1,847 2,822 3,088
697 700 768 834 892 925 1,077 1,050 1,009 1,357 1,647 2,453 2,700
Operating Profit 67 61 67 68 73 88 110 91 98 151 201 369 388
OPM % 9% 8% 8% 8% 8% 9% 9% 8% 9% 10% 11% 13% 13%
4 4 25 7 10 22 21 26 17 11 15 45 61
Interest 1 4 5 5 4 2 3 10 10 10 17 69 75
Depreciation 11 18 19 21 24 24 27 35 34 40 52 118 117
Profit before tax 59 43 68 50 56 82 100 73 72 113 147 227 257
Tax % 31% 30% 31% 31% 28% 31% 31% 19% 28% 27% 24% 26%
41 30 47 34 40 57 69 59 51 82 111 167 193
EPS in Rs 6.02 4.43 6.60 4.66 5.06 7.15 9.67 8.52 6.91 10.18 13.63 19.10 22.78
Dividend Payout % 20% 27% 21% 20% 19% 28% 31% 35% 43% 34% 33% 29%
Compounded Sales Growth
10 Years: 14%
5 Years: 19%
3 Years: 37%
TTM: 36%
Compounded Profit Growth
10 Years: 16%
5 Years: 13%
3 Years: 41%
TTM: 60%
Stock Price CAGR
10 Years: 24%
5 Years: 38%
3 Years: 49%
1 Year: 28%
Return on Equity
10 Years: 14%
5 Years: 14%
3 Years: 16%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 198 212 245 269 358 438 467 433 517 530 648 776 822
27 52 43 38 35 11 70 95 98 165 664 810 768
194 196 179 218 218 396 379 319 360 430 853 997 1,218
Total Liabilities 433 473 481 538 624 858 929 860 990 1,139 2,179 2,596 2,822
163 229 222 229 248 273 307 355 381 409 1,028 1,014 995
CWIP 38 6 7 5 14 12 22 21 9 12 13 36 70
Investments 19 19 19 22 85 142 120 62 131 122 201 406 436
213 219 233 282 277 430 479 422 469 595 937 1,141 1,321
Total Assets 433 473 481 538 624 858 929 860 990 1,139 2,179 2,596 2,822

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
53 62 39 49 64 95 56 76 98 87 137 265
-97 -59 -11 -32 -57 -57 -89 -32 -76 -65 -476 -249
15 -0 -24 -23 3 -37 37 -33 -43 10 365 -40
Net Cash Flow -29 3 4 -5 10 1 4 11 -20 32 26 -24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 61 63 58 71 59 101 85 62 73 64 91 76
Inventory Days 18 22 28 32 30 41 27 31 41 41 49 51
Days Payable 77 99 75 90 76 141 110 76 101 84 118 100
Cash Conversion Cycle 3 -13 11 13 13 1 3 17 14 21 23 27
Working Capital Days -6 -6 8 17 15 12 27 15 16 18 30 34
ROCE % 28% 18% 18% 17% 17% 19% 20% 14% 13% 17% 15% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98% 55.98%
19.39% 19.34% 19.53% 19.37% 19.41% 19.02% 18.24% 17.97% 15.89% 9.04% 6.93% 5.74%
5.21% 5.29% 5.68% 5.59% 5.60% 6.42% 6.85% 6.75% 8.32% 14.19% 15.85% 16.17%
19.42% 19.40% 18.81% 19.04% 19.01% 18.57% 18.94% 19.29% 19.81% 20.77% 21.23% 22.10%
No. of Shareholders 26,37124,93223,81227,95528,44426,53125,95227,14026,56129,66234,70441,124

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls